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Excel Force MSC Bhd (XKLS:0065) Equity-to-Asset : 0.89 (As of Dec. 2023)


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What is Excel Force MSC Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Excel Force MSC Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM100.82 Mil. Excel Force MSC Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM113.13 Mil. Therefore, Excel Force MSC Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.

The historical rank and industry rank for Excel Force MSC Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:0065' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.86   Max: 0.96
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Excel Force MSC Bhd was 0.96. The lowest was 0.74. And the median was 0.86.

XKLS:0065's Equity-to-Asset is ranked better than
94.71% of 2836 companies
in the Software industry
Industry Median: 0.55 vs XKLS:0065: 0.89

Excel Force MSC Bhd Equity-to-Asset Historical Data

The historical data trend for Excel Force MSC Bhd's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Excel Force MSC Bhd Equity-to-Asset Chart

Excel Force MSC Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.80 0.95 0.91

Excel Force MSC Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.93 0.93 0.91 0.89

Competitive Comparison of Excel Force MSC Bhd's Equity-to-Asset

For the Software - Application subindustry, Excel Force MSC Bhd's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Excel Force MSC Bhd's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Excel Force MSC Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Excel Force MSC Bhd's Equity-to-Asset falls into.



Excel Force MSC Bhd Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Excel Force MSC Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=92.859/102.39
=0.91

Excel Force MSC Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=100.816/113.125
=0.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Excel Force MSC Bhd  (XKLS:0065) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Excel Force MSC Bhd Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Excel Force MSC Bhd's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Excel Force MSC Bhd (XKLS:0065) Business Description

Traded in Other Exchanges
N/A
Address
Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction-based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

Excel Force MSC Bhd (XKLS:0065) Headlines

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